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Others 409 views 1 replies

Clubbers,

 

Help me with the sections of Indian Companies Act, 1956 for the following:

 

1) Investment in other Company shares / Fixed Deposits / Reccuring Deposits etc by a private limited company

 

2) Closure of the above said items

 

Please help

Replies (1)

Section 292(1)(d) Power to invest the funds of the co., This power excersise by the Board in Board Meeting and Sec. 372 A.


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